12 Questions
What does the term 'entrepreneurship' refer to?
Creating something new with value
Which word does 'entrepreneur' originate from?
French
How is 'entrepreneurial' best described?
Innovative and creative thinking
What does the entrepreneurial process involve?
Creating new value from projects
What was considered an 'entrepreneur' in the 17th Century?
Government contractor
What is the main motivation for engaging in entrepreneurship according to the text?
Financial security
What is the entrepreneur's role as described by a capitalist philosopher?
Producing job opportunities and wealth for others
What was Richard Cantillon's view of an entrepreneur in the 18th Century?
An entrepreneur is a risk taker
How is entrepreneurship defined in terms of identifying opportunities and mobilizing resources?
Art of identifying viable business opportunities and mobilizing resources
What role does an intrapreneur play within a large organization?
Contributing to the entrepreneurial process within the organization
What distinguishes an individual entrepreneur from an intrapreneur?
Size of the organization they work for
How did the 20th-century perspective define an entrepreneur's function?
To exploit new technological possibilities for creating new products or revolutionizing existing ones
Test your knowledge on the definitions, types, roles, competences, creativity, and innovation related to entrepreneurship covered in Chapter 1. Explore the origin of the term 'entrepreneur' and its significance.
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